ABIRAMY CASH & CARRY AS: årsregnskap 2016 vs 2015
Grew 7% on revenue, cash halved-plus
approved 2017-06-30; registry 2017-07-10; journal 2017 635126
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ABIRAMY CASH & CARRY AS. Revenue 15.75m NOK → 16.84m NOK (+6.9%). Equity 354.2k NOK → 735.8k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABIRAMY CASH & CARRY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.75m NOK to 16.84m NOK (+6.9% YoY). Calculated
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↑
Equity strengthened
Book equity 354.2k NOK → 735.8k NOK (equity ratio 14.9% → 35.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 425.9k NOK → 88.0k NOK (-79.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.69× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.58m NOK → 2.27m NOK (10% → 13% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 12.40m NOK → 12.55m NOK (+1.2% YoY). Calculated